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December 2013
Nicole Truszkowski
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com
Trending Versus*:
Trending Versus*:
Month
$3,941,500 $4,815,182 $1,900,000 $2,870,600 22 5 208 $785 $1,014 4.4 85.6%
LM
L3M PYM
LY
YTD
PriorYTD
PriorYear
* LM=Last Month / L3M=Last 3 Months / PYM=Same Month Prior Year / LY=Last Year / YTD = Year-to-date
Property Sales
December Property sales were 5, up 150.0% from 2 in December of 2012 and 66.7% higher than the 3 sales last month. December 2013 sales were at their highest level compared to December of 2012 and 2011. December YTD sales of 31 are running 93.8% ahead of last year's year-to-date sales of 16.
Prices
The Median Sales Price in December was $1,900,000, up 138.2% from $797,500 in December of 2012 and up 22.6% from $1,550,000 last month. The Average Sales Price in December was $2,870,600, up 259.9% from $797,500 in December of 2012 and up 95.5% from $1,468,333 last month. December 2013 ASP was at highest level compared to December of 2012 and 2011.
Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 1/1/2011 through 12/31/2013. Due to MLS reporting methods and allowable reporting policy, this data isonly informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's may not reflect all real estate activity in the market.
December 2013
Nicole Truszkowski
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com
Market Time
The average Days On Market(DOM) shows how many days the average Property is on the Market before it sells. An upward trend in DOM tends to indicate a move towards more of a Buyer's market, a downward trend a move towards more of a Seller's market. The DOM for December was 208, up 342.6% from 47 days last month and up 278.2% from 55 days in December of last year. The December 2013 DOM was at a mid range compared with December of 2012 and 2011.
Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 1/1/2011 through 12/31/2013. Due to MLS reporting methods and allowable reporting policy, this data isonly informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's may not reflect all real estate activity in the market.
December 2013
Nicole Truszkowski
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com
Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 1/1/2011 through 12/31/2013. Due to MLS reporting methods and allowable reporting policy, this data isonly informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by theMLS's may not reflect all real estate activity in the market.
December 2013
Sales Associate (831) 238-7449 (831) 624-2457 Nicole.Truszkowski@sothebyshomes.com
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Inventory MSI
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O N D J 13 F M A M J J A S O N D 404 902 278 676 692 491 483 825 360 770 0 1,092 874 617 1,014 961 435 528 619 549 620 555 600 556 652 377 621 655 861 835 O N D J 13 F M A M J J A S O N D
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3,300 2,995 2,350 0 5,149 10,500 0 835 3,000 798 3,200 2,406 1,907 2,011 2,209 765 2,525 0 2,475 2,103 1,468 2,871 1,333 2,098 2,882 1,782 2,500 5,216 5,216 3,778 1,278 1,544 2,333 2,135 2,504 2,108 2,042 1,661 1,833 1,097 1,667 1,526 2,015 2,147
Sotheby's International Realty is a registered trademark licensed to Sotheby's International Realty Affiliates LLC. Operated by Sotheby's International Realty, Inc. Based on information from MLSListings, Inc for the period 1/1/2011 through 12/31/2013. Due to MLS reporting methods and allowable reporting policy, this data is only informational and may not be completely accurate. Therefore, Sotheby's Residential Brokerage does not guarantee the data accuracy. Data maintained by the MLS's may not reflect all real estate activity in the market.